Texas is what is known as a "community property state." In short, that means that most assets that you acquire following your marriage belong equally to you and your spouse. Assets you acquired prior to the marriage is usually considered separate property and not subject to division in divorce.
Don't let a gray divorce derail your future plans
Gray divorces are often rougher than divorces for younger people. Not only has the couple involved reached an age where they likely thought their lives were going to be pretty much settled, but they may have decades invested in their marriage. Further, the financial aftereffects of the divorce can be harsh on older couples and completely derail their retirement plans.
Divorce later in life will impact your plans for retirement
What do your children want to tell you during your divorce?
As a parent, you don't want to burden your child with too many details about your divorce. It's not healthy. Unfortunately, you may also not know exactly what to say to your child about your divorce, either.
Divorcing and have a special-needs child? Read this
Divorce with children involved is always complex -- but especially so when that child has special needs.
What can make divorce more expensive than normal?
According to the most recent information available, the average divorce in this country costs right around $15,000. While that sounds like a lot of money, keep in mind the fact that it's an average -- which means that some divorces cost substantially less and others cost a great deal more. How much your divorce ultimately will cost depends a lot on both you and your spouse.
